Environmental Valuation & Cost-Benefit News
Tangible and intangible benefits of transportation security measures
03/17/08
10:00:04 am, by damageva 
, 228 words, 180 views 
Categories: Non-Environmental, Academic Study/Journal Article, Agriculture, Forestry and Food, Canada, Costs and Benefits
Tangible and intangible benefits of transportation security measures
Abstract: Transportation networks are high-value targets for terrorists and criminals. They are widely accessible, visible, attract intense media attention, and have a significant degree of government ownership. Since the 9/11 terrorist attack in 2001, transportation networks have been the focus of increasing security improvements worldwide. Much of the analytical work with respect to improved security of transportation networks has been related to the costs of the security improvements. Benefits have largely been ignored or described in general terms of community safety or the risk of terrorism of trade flows. This analysis provides a qualitative analysis of the benefits of security. An economic framework is used as a guide to develop a taxonomy of security benefits in four dimensions: sovereignty protection, terrorism prevention, interdiction of illegal activities, and personal security. Direct and indirect benefits are identified and classified as tangible and intangible. The analysis shows that the benefits of transportation security measures are often more subtle and pervasive than simply providing a safer and more secure community.
Keywords: Transportation security, Social costs and benefits, Risk assessment
by Barry E. Prentice; I.H. Asper School of Business, University of Manitoba, Winnipeg, Manitoba, R3T 5V4, Canada; Email: barry_prentice@umanitoba.ca
Journal of Transportation Security via Springer Publishing www.SpringerLink.com
Volume 1, Number 1; March, 2008; Pages 3-14
DOI: 10.1007/s12198-007-0002-8
http://www.springerlink.com/content/f4h27jw70h353r8u/
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